The market for European imports of luggage, handbags, saddlery, and harness is dominated by Italy and Spain, with over 32% market share in 2023. Notable growth occurred in Malta with a significant 62.34%, while Ireland experienced a considerable decline of 16.6%. The Netherlands and Hungary saw decreases, whereas Bulgaria and Slovenia showed positive growth. The UK remains the largest market in the mix, though growth is minimal.
Looking ahead, expect sustained growth in southern Europe, driven by increased production capabilities and competitive pricing. Emerging markets in Eastern Europe may show variable growth. Monitoring the economic impact and consumer trends will be essential for future market dynamics.
Top countries in Import of Luggage, Handbags, Saddlery and Harness Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16.5 | 2023 | +9.28% | +5.46% | View data |
| 2 | 2 Spain | 15.7 | 2023 | +12.96% | +4.21% | View data |
| 3 | 3 France | 11.27 | 2023 | +6.73% | +1.94% | View data |
| 4 | 4 United Kingdom | 10.42 | 2023 | -1.22% | +0.12% | View data |
| 5 | 5 Malta | 6.61 | 2023 | +73.13% | +62.34% | View data |
| 6 | 6 Germany | 6.57 | 2023 | +7.27% | +1.58% | View data |
| 7 | 7 Netherlands | 5.6 | 2023 | +8.93% | -1.46% | View data |
| 8 | 8 Belgium | 4.62 | 2023 | +11.65% | +3.82% | View data |
| 9 | 9 Poland | 4.3 | 2023 | +3.45% | +5.05% | View data |
| 10 | 10 Hungary | 4.18 | 2023 | +4.51% | -5.45% | View data |
